Top SaaS Companies in Florida

List of the largest SaaS companies in Florida, United States (Click to apply)

These are the top SaaS companies in Florida, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Florida by featuring these 267 companies with combined revenues of $11.2B.

Together, Florida SaaS companies employ over 20K employees, have raised $63.4M capital, and serve over 12M customers around the world.

$0 - $1M ARR
    $1M - $5M ARR
    1. Hms $1.9M
    $5M - $10M ARR
    1. Introhive $10.0M
    $10M+ ARR
      1. 01
        Roper Technologies

        Roper Technologies

        Information Technology Software

        Roper Technologies is a diversified technology company. The company operates businesses that design and develop software (both license and software-as-a-service) and engineered products and services for a variety of niche end markets, including healthcare,

        $6B

        0

        251

        1981

        Florida

      2. 02
        Beeline

        Beeline

        Enterprise Software

        Operator of a SaaS company that dealing with workforce intelligence services. The company's software services specialize in optimizing the non-employee workforce management and is designed to money, reduce risks to the organization and add value to its cli

        $5B

        1M

        1K

        1999

        Florida

      3. 03
        Shipmonk

        Shipmonk

        E-Commerce Software

        Ecommerce Order Fulfillment

        $140M

        $300M

        1K

        1K

        2014

        Florida

      4. 04
        Open English

        Open English

        Education Software

        Operator of an online language school. The company offers Open English, an online English language course that combines live instruction with native English speaking teachers and multi-media learning content.

        $105M

        $125M

        0

        1K

        2007

        Florida

      5. 05
        Medusind Solutions

        Medusind Solutions

        Healthcare Software

        Medusind Solutions, one of the leading outsourcing companies, provides integrated healthcare business solutions, both on and offshore.We take pride in utilizing global resources to cover physician practices, hospitals, dental groups, and third party billin

        $67M

        10K

        1K

        2002

        Florida

      6. 06
        Knowbe4

        Knowbe4

        Governance|Risk & Compliance Software

        KnowBe4 provides Security Awareness Training to help you manage the IT security problems of social engineering, spear phishing and ransomware attacks.

        $60M

        $384M

        10K

        969

        2011

        Florida

      7. 07
        Convey Health Solutions

        Convey Health Solutions

        Healthcare Software

        Developer of specialized healthcare platforms. The company's offerings include platforms with enrollment, billing, reconciliation and grievance management functions as well as back-office support services, enabling government-sponsored health plans, provid

        $57M

        10M

        1K

        2001

        Florida

      8. 08
        Vates

        Vates

        Iot Software

        Provider of software development services designed to provide IT products and services. The company's services include software development, testing, quality control and research & development, enabling corporations and governments to optimize predictabili

        $29M

        0

        368

        1991

        Florida

      9. 09
        eMedicine

        eMedicine

        Information Technology Software

        Operator of a consumer health website. The company operates a consumer health Website to provide point of care medical reference to physicians and other healthcare professionals.

        $28M

        0

        570

        1995

        Florida

      10. 10
        Nearpod

        Nearpod

        Education Software

        Provider of an online learning platform designed to empower educators to create learning experiences that engage students. The company's online learning platform provides interactive education content across mobile devices, helps teacher to give real-time

        $26M

        $31M

        0

        343

        2012

        Florida

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      What are the fastest growing companies doing?

      83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.

      Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.

      If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.

      Which CEO’s are the most efficient capital allocators?

      We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?

      Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).

      Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).

      The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.